NAG 18.2% 2.6¢ nagambie resources limited

Ann: CEO's Presentation to Shareholders, page-50

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  1. 1,107 Posts.
    lightbulb Created with Sketch. 68
    You seem to think everything stops when it rains . No it doesn't . At least not in Melbourne .
    NAG will also have testing and operational costs too . From their announcements they want a barge and a conveyor belt . Then there's the transportation issue that the rampers have ignored for years . 280K's round trip . Take into account traffic , testing and weighing of load , wash down and rest break it's unlikely each truck could do more than one load per day , 2 max. That's a huge waste of equipment and and man hours just driving up the Hume.
    Much more efficient if each rig can do 3 or 4 loads each day . Obvious .
    BTW No PASS from NEL . Geological maps of Melb. are readily available on the internet . Not a chance in hell of any PASS in the NEL .
    Cheers

    OCCURRENCE
    Acid sulfate soils
    Generally occur in soil formations that:
    • contain elevated concentrations of metal sulfides — either naturally or due to anthropogenic causes.
    • were originally deposited in shallow marine or estuarine environments, often appearing as soft, black, dark grey or dark greenish-grey muds.
    • are below or above high tide level, but generally between 5 and 20 m AHD2.
    Last edited by dbl1771: 29/11/18
 
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